Economism

/ɪˈkɒnəmɪzəm/ noun

Definition

The belief or practice that economic factors are the primary drivers of history and society; overemphasis on economic concerns.

Etymology

From 'economy' plus the suffix '-ism' (a doctrine or practice). The term gained prominence in Marxist theory and sociology to describe reducing all social problems to economic causes.

Kelly Says

Critics argue that pure economism overlooks how culture, religion, and politics shape society—you can't explain why people go to war just by counting who makes more money, even though economists keep trying.

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